From: "Paul V. Morris" >
To: Jeffrey Epstein <jeevacation@gmail.com>
Subject: The Weekly Letter: The New Geopolitical Normal
Date: Tue, 25 Oct 2016 14:39:35 +0000
laCIO Weekly
Read the latest CIO Weekly
The New Geopolitical
Normal The Morris Group
Managing Director-Wealth
Management
The geopolitical backdrop has never been messier. Of Private Wealth Manager
One Bryant Park, 28th Floor
notable concern: surging Chinese military spending that New York, NY 10036
portends rising military expenditures across the region. (212) 680-5919
Beneficiaries of this dynamic will include many large
U.S. defense contractors that count numerous Asian states
as clients. We reiterate one of our high-conviction
investment themes of being long U.S. defense companies,
despite current lofty valuations. Rising geopolitical risks
should remain a significant revenue tailwind for the
sector over the medium term.
Find out more in the new edition of The Weekly Letter,
The New Geopolitical Normal.
We also encourage you to visit ml.com/insights for our
latest thinking on long-term investment themes, including
seven recently published articles, as well as our midyear
updates on the markets and the economy.
The Morris Group
Private Wealth Manager
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